Friday, Jul 01, 2022
Outlook.com

ITR Filing: Documents To Keep Handy To Make Process Faster

ITR Filing: Documents To Keep Handy To Make Process Faster

Before you start the process to file your tax return for the year, make sure you keep these documents handy to make the process less cumbersome and hassle-free

01 July 2022
Not Aware About Contents Of ED Charge Sheet, Says Karnataka Congress Chief D K Shivakumar

Not Aware About Contents Of ED Charge Sheet, Says Karnataka Congress Chief D K Shivakumar

Special Judge Vikas Dhull had directed Shivakumar to appear on July 1, taking cognisance of a charge sheet filed by the ED through its Special Public...

28 June 2022

Decoding Form 16: A Salaried Employee’s Tax Proof Certificate

You must have received your Form 16 from your employer if you are a salaried employee. Here are the basic details and how to go about filing your income tax...

I-T Department Takes To Twitter, Urges Taxpayers To File Returns Early

I-T Department Takes To Twitter, Urges Taxpayers To File Returns Early

As people tend to miss out on their tax filing date, the I-T department has reminded people to file their returns within the due date.

24 June 2022

CBDT Issues Guidelines On Applicability Of New TDS Provision

The Central Board of Direct Taxes (CBDT) also said that the payer/deductor need not check the taxability of the sum in the hands of the recipient, and the...

Advertisement
14 June 2022
I-T Dept. Charms Kids With ‘Snakes And Ladders’; Hopes For Next Gen. Of Honest Taxpayers

I-T Dept. Charms Kids With ‘Snakes And Ladders’; Hopes For Next Gen. Of Honest Taxpayers

The Income Tax Department has come out with popular snakes and ladders board games and Motu-Patlu comic strip to spread tax literacy among children and young...


04 June 2022
Gifts Received From Spouse Is Not Treated As Income Under Income Tax Laws

Gifts Received From Spouse Is Not Treated As Income Under Income Tax Laws

Under Income Tax laws, income earned on the gifts made by a spouse is required to be clubbed with the income of the spouse giving the gift


23 May 2022
Selling A House As An NRI? Here’s How The Capital Gains From The Sale Will Be Taxed

Selling A House As An NRI? Here’s How The Capital Gains From The Sale Will Be Taxed

If you are selling a house in India as an NRI, know the rules regarding the taxes on the capital gains and TDS. You can also make use of the available...


19 May 2022
If You Don’t File Your I-T Returns, You Will Face Higher TDS. Read Here To Know More

If You Don’t File Your I-T Returns, You Will Face Higher TDS. Read Here To Know More

The Central Board of Direct Taxes (CBDT) has issued a circular regarding this under sections 206AB and 206CCA of the Income Tax Act, 1961


17 May 2022
SGB 2016-17 Series III Up For Early Redemption On May 17; Know The Tax Implication

SGB 2016-17 Series III Up For Early Redemption On May 17; Know The Tax Implication

With Series III of Sovereign Gold Bond 2016-17’s interest payment date being May 17, it’s time to consider redemption from the point of view of taxation .


Advertisement

07 May 2022
Long-Term Capital Gain From Sale Of House: Here’s How It Is Calculated For Tax  Purpose

Long-Term Capital Gain From Sale Of House: Here’s How It Is Calculated For Tax Purpose

If you have earned long-term capital gain on the sale of a residential house, then you need to utilise it towards the construction of another house within a...


05 May 2022
When Can Income Tax Returns Assessment Be Reopened And What Can You Do?

When Can Income Tax Returns Assessment Be Reopened And What Can You Do?

What should you do if you fail to file or correctly file your income tax return? Should you go for reopening your assessment or file an updated tax return?...


04 May 2022
Want To Take A Joint Home Loan With Spouse? Here Are Its Advantages And Disadvantages

Want To Take A Joint Home Loan With Spouse? Here Are Its Advantages And Disadvantages

If you’re looking to get a joint home loan with your spouse, there are several pros and cons to it. Read here in detail


25 April 2022
Income Tax Return Filing Amendment – Financial Year 2021-22 (Assessment Year 2022-23)

Income Tax Return Filing Amendment – Financial Year 2021-22 (Assessment Year 2022-23)

Are you unsure about whether you should file an income tax return (ITR) in India? Read on to know more


21 April 2022
Best Tax-Saving Investment Options Available Under Section 80C

Best Tax-Saving Investment Options Available Under Section 80C

To encourage savings and investment among taxpayers, the Income Tax department has introduced several deductions under Chapter VI A. 80C is the most popular...


19 April 2022
RBI Announces Dates For Premature Redemption of Sovereign Gold Bonds; Know Details Here

RBI Announces Dates For Premature Redemption of Sovereign Gold Bonds; Know Details Here

The RBI’s sovereign gold bond buyback window dates have been announced. Mark these dates in your calendar in case you wish to redeem these bonds before...


Advertisement

11 April 2022
The Simple 2-Step Way To Plan Your Taxes This Year 

The Simple 2-Step Way To Plan Your Taxes This Year 

For financial year 2022-23, an early start in tax planning will help make the right decisions. Here’s a simple 2-step approach along with easy-to-understand...


08 April 2022
Tax Revenues In 2021-22 Exceed Budget Estimates By Rs 5 Lakh Crore 

Tax Revenues In 2021-22 Exceed Budget Estimates By Rs 5 Lakh Crore 

The year 2021-22 marks the highest tax-GDP ratio of 11.7 per cent, with direct tax to GDP ratio at 6.1 per cent and indirect tax to GDP ratio at 5.6 per cent


08 April 2022
NSE Co-Location Case: ED Raids 9 Locations In Delhi, Gurugram

NSE Co-Location Case: ED Raids 9 Locations In Delhi, Gurugram

The Income Tax Department is also investigating the National Stock Exchange co-location case.


07 April 2022
Sebi Allows KYC Porting Across Intermediaries: 10 Things You Should Know

Sebi Allows KYC Porting Across Intermediaries: 10 Things You Should Know

Once a KYC is fully validated by a KRA, the investor will get a unique KRA number which will be valid across intermediary platforms


01 April 2022
Govt Notifies ITR Forms For 2021-22; Seeks Details Of Income From Overseas Retirement Benefit Account

Govt Notifies ITR Forms For 2021-22; Seeks Details Of Income From Overseas Retirement Benefit Account

The Income Tax returns forms 1-5 have been notified by the Central Board of Direct Taxes


01 April 2022
Hero MotoCorp Falls Over 6% After Income Tax Deartment  Detects Irregularities

Hero MotoCorp Falls Over 6% After Income Tax Deartment  Detects Irregularities

The Income Tax Department has found alleged illegal business expenses of over Rs 800 crore, Rs 60 crore "unaccounted" cash used to purchase land in Delhi and...


31 March 2022
PAN-Aadhaar Link Deadline Is Now March 2023; PAN To Remain Operative But Linking Penalty Applies

PAN-Aadhaar Link Deadline Is Now March 2023; PAN To Remain Operative But Linking Penalty Applies

Till March 31, 2022, you can link PAN and Aadhaar for free. From April 1, a penalty will apply although your PAN will not be blocked if you do not link it with...


29 March 2022
Hero MotoCorp Made Rs 1,000-Crore False Expenses, I-T Search Reveals: Report

Hero MotoCorp Made Rs 1,000-Crore False Expenses, I-T Search Reveals: Report

The Income Tax Department had carried out a search and seizure operation on March 23 on Hero Motocorp and its chairman and managing director Pawan Munjal at...


28 March 2022
Govt Says Rs 95.86 Crore Recovered From 11 Cryptocurrency Exchanges For GST Evasion

Govt Says Rs 95.86 Crore Recovered From 11 Cryptocurrency Exchanges For GST Evasion

Zanmai Labs (WAZIRX), Coin DCX, CoinSwitch Kuber, Buy Ucoin, UnoCoin and Flitpay were among the exchanges that were involved in GST evasion cases


Advertisement
Advertisement
Advertisement
Advertisement
Advertisement